spru1

BTCUSD Long over next week or so (multiple confirmations)

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BITFINEX:BTCUSD   ビットコイン/米ドル
Consistently we've found support at 6255 over the last few weeks. Sudden drops below have seen a return above followed by support confirmation at that level again. A parallel upward trend is now forming with support between the lowest low and a confirmed recent retest of the 6255 level. Price is still struggling to hold upward breakouts from the trading range indicated by the rectangle window. If support trend line can be tested and confirmed over the next few days it will cement an upward market direction out of this trading window to 7000 levels and above.
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